In a conference with Drovers and food360 editors today, Doane Advisory Service economist Marty Foreman noted that long-range forecasts suggest an early frost could hit the
With only about 12 percent of the
In the cattle markets, Foreman says not much has changed, with the futures waiting for movement in the cash market and the cash market looking for improvement in beef prices. Doane Economists expect this week’s Cattle on Feed report to show feedyard inventories down 1 percent from a year ago, August placements up 2 percent and August marketings down 3 percent.
For a National Weather Service map showing the possible position of the cold front on September 25, click here.